PVR Inox reported a substantial profit of Rs 207.3 crore in Q2 FY24, representing a significant recovery from the loss of Rs 81.6 crore experienced in the preceding June quarter.
PVR stated, "We believe that the pandemic may adversely impact the business in the short term, but the long-term drivers of the business are intact and we do not anticipate any material medium to long term risks to the business."
The company reported a net loss of Rs 289.1 crore in Q4 against a loss of Rs 74.5 crore in the year-ago period. Revenue from operations stood at Rs 263.3 crore against Rs 662 crore, down 60.2 per cent year-on-year basis.
PVR reports Q4 net loss of ₹289 crore
June 02, 2021
Restrictions imposed by states to curb spread of second Covid wave impacts bottomline
PVR Ltd reported a consolidated net loss of ₹289.12 crore for the quarter ended March 31, 2021, as cinema operations were impacted due to restrictions imposed by states to curb the spread of the second pandemic wave. The leading multiplex chain had posted a consolidated net loss of Rs 74.49 crore in the corresponding quarter in the previous fiscal.
Total income for the quarter under review stood at ₹263.26 crore. In the corresponding quarter in the previous fiscal, the company had registered a total income of ₹661.78 crore.
PVR Q3 results: Net loss declines sequentially to Rs 49 crore, revenue down 95%
The revenue from operations declined by 95 per cent to Rs 45.4 crore in Q3 FY21 against Rs 915.74 crore in Q3 FY20, PVR said in an exchange filing
Chitranjan Kumar | January 15, 2021 | Updated 17:00 IST
PVR reports net loss of Rs 49 crore in December quarter
Multiplex chain operator PVR reported net loss for the fourth consecutive quarter as the film exhibition business remained subdued due to the COVID-19 pandemic. The company reported net loss of Rs 49.21 crore during the December quarter of the current fiscal as against net profit of Rs 36.26 crore in the year ago period as COVID-19 situation across the country continued to adversely affect the operations. The loss, however, was much lesser than that of Rs 225.73 crore and Rs 184 crore in June and September quarter, respectively, as cinemas remained closed during these quarters.